17 Aug '13, 9pm

Germany recognises Bitcoin as currency

Germany recognises Bitcoin as currency

Key aspects of the bitcoin, a popular online currency, have been recognized for legal and tax purposes by Germany, newspapers reported Saturday. The recognition, which was laid out in a Finance Ministry response to a query from a member of parliament, means Germany recognizes the online currency as a “currency unit” and “private money,” reported the Frankfurter Allgemeine Zeitung and the Neue Osnabruecker Zeitung. Bitcoins have been a popular form of payment among netizens since 2009 although economists question their viability because they are backed by neither a government nor a central bank. An overseer group called the Bitcoin Foundation limits the total number of currency units to 21 billion, but it has been unable to avoid sharp fluctuations as it grows more popular. Currently, 1 bitcoin is valued at about 110 dollars, according to online currency conversion site xe....

Full article: http://mybroadband.co.za/news/internet/84633-germany-reco...

Tweets

Bitcoin declared a currency in Germany via @itnews_au

Bitcoin declared a currency in Germany via @itn...

itnews.com.au 18 Aug '13, 9pm

Controversial crypto currency Bitcoin has gained further traction after the German federal government officially recognise...

Germany: Bitcoin Is "Private Money"

news.slashdot.org 19 Aug '13, 3am

declared Bitcoin as a 'unit of account' , which makes the virtual currency a kind of 'private money' and the process of Bi...

Germany

Germany

rt.com 18 Aug '13, 6pm

Germany recognizes Bitcoin as ‘private money’ Published time: August 18, 2013 18:13 Get short URL Tags Banking , Currencie...

Germany becomes first country to recognize Bitcoin as currency

Germany becomes first country to recognize Bitc...

dailydot.com 18 Aug '13, 9pm

Germany has become the first country to legally recognize the digital currency Bitcoin as a form of money. The country's F...

Germany recognises Bitcoin as legal tender #bitcoin #germany

Germany recognises Bitcoin as legal tender #bit...

neowin.net 19 Aug '13, 10am

Germany leads the way as it becomes the first nation to accept Bitcoin. Bitcoin has begun to impact on the global financia...

Germany recognizes Bitcoin

pandodaily.com 19 Aug '13, 11pm

Germany’s ministry of finance has officially recognized Bitcoin. The most important ramification of this development is th...

Bitcoin is a currency, rules US judge

Bitcoin is a currency, rules US judge

independent.co.uk 16 Aug '13, 1pm

The landmark ruling opens the way for US regulators to sue a suspected fraudster, who is accused of misleading investors i...

Germany

Germany

coindesk.com 19 Aug '13, 10am

The German ministry of finance has officially recognised bitcoin, mentioning the digital currency in a reply to an inquiry...

I liked a @YouTube video Germany Recognizes Bit...

youtube.com 20 Aug '13, 10pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement Germany Recognizes B...

Germany kinda recognizes Bitcoin

businessinsider.com 19 Aug '13, 6pm

clarified its position on Bitcoin , everyone's favorite digital cryptocurrency. After a parliamentary inquiry from the Fed...

Germany recognizes Bitcoin as a “private money,...

arstechnica.com 18 Aug '13, 5pm

In response to a query by a member of parliament, the German Finance Ministry has declared (Google Translate) that it acce...

Bitcoin Bites: Germany recognizes digital curre...

youtube.com 19 Aug '13, 12pm

Close Your browser is not supported by YouTube and it needs to be updated. Learn more . Advertisement Bitcoin Bites: Germa...

Germany

Germany

cnbc.com 19 Aug '13, 2pm

Virtual currency bitcoin has been recognized by the German Finance Ministry as a "unit of account", meaning it is now lega...